According to Federal Reserve governor Christopher Waller, the dollar’s position as a worldwide reserve currency may be being solidified by the widespread use of stablecoins denominated in U.S dollars in the decentralized finance (DeFi) space. Waller said at a central banking-focused conference on February 15 that the U.S. dollar is
The Aptos Foundation unveiled their new affordable JamboPhone with built-in cryptocurrency integration on Thursday, February 15. Introducing Web3 to the growing economies of Latin America, Africa, and Asia is the driving force behind the creation of this JamboPhone. A strategic partnership between the Aptos Foundation and Jambo has been announced,
Zeebu, the Web3 Neobank platform, has recently announced a strategic move to introduce the ZBU Phoenix Protocol. This initiative, aimed at optimizing token supply, underscores Zeebu’s commitment to build an ecosystem with a foundation of trust, backed by transparency and sustainability. Zeebu is a blockchain-based platform, specifically engineered for telecom
Recently, Bitcoin (BTC) has broken through the $52,000 barrier, fueled by sustained interest from institutional traders who continue to drive up demand for the cryptocurrency. The surge in Bitcoin’s price reflects a notable shift in investor sentiment, with a particular focus on call options set at high strike prices, indicating
MicroStrategy, the prominent business intelligence firm, continues to stir up discussions within the financial realm with its audacious foray into Bitcoin investments. The company’s recent quarterly report for Q4 2023 unveiled a notable surge in its Bitcoin reserves, juxtaposed with a decline in revenue, marking a strategic shift in its
In a whirlwind week for the cryptocurrency market, a notable event unfolded as an investor decided to offload approximately $15 million worth of Shiba Inu (SHIB) tokens. This pivotal decision came amidst Shiba Inu’s struggle to maintain its position, with the token dipping below significant resistance levels. A detailed technical
As Bitcoin (BTC) continues its upward trajectory and approaches the milestone of $100,000, investors are eagerly anticipating the impact on other major cryptocurrencies, including Ethereum (ETH), Solana (SOL), and Retik Finance (RETIK). In this article, we’ll explore potential price predictions for these three cryptocurrencies when Bitcoin reaches $100,000, focusing on
In 2021, Shiba Inu (SHIB) became a sensation, captivating millions of people and their finances with its meme-driven surge. Early investors saw unprecedented gains seemingly overnight. However, as the cryptocurrency landscape shifts, many wonder if SHIB can continue to generate massive returns in 2024. Despite its impressive history, various factors
Spot Bitcoin ETF issuers are still at battle over fees, and VanEck has quietly shifted gears by slashing fees. A 5 bps drop in the sponsor fee for VanEck’s spot Bitcoin ETF is detailed in a document the company made with the U.S SEC. Sponsor fees for VanEck’s Bitcoin ETF
Ethereum staking value has hit a new record of $110 billion as the number of ETH locked in the Beacon Chain has reached an all-time high. The network has also grown after the Shapella Upgrade that enabled access to staked ETH. The price of Ethereum has hit $2,848.93, a multi-year
